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It’s time to build "China Green Valley"! Investigation on the Development of Plant Beauty Cosmetic Industry in Yunnan (Ⅰ)
In the "Double Eleven" in 2023, Winona, a subsidiary of Yunnan Bettini, was promoted to Top5, a category of Tmall beauty products, and was ranked as the best brand in history, becoming the only China brand in the top ten of the list for seven consecutive years from 2017 to 2023.
A few days ago, at the 2022 and 2023 Science and Technology Awards and Academic Works Awards Conference of China Ethnic Medicine Association held in Beijing, Dr. Security, the general manager of the R&D Department of Yunnan Baiyao Group, led the compilation and publication of the skin care efficacy of natural plant raw materials, and won the second prize of academic works. At the same time, after polishing for more than two years, a new skin care product-Pill-medicine-separated building soothing essence, which marks a major breakthrough in basic research, will be available in the near future.
Yunnan Baiyao, Betaine, Xicao Resources, Kunming Yuanfang, Panlong Yunhai, in recent years, with the rise of local plant beauty brands, the development of Yunnan beauty industry has entered the fast lane.
The Economic Work Conference of the Provincial Party Committee held in December, 2023 pointed out that Yunnan’s beauty industry has developed rapidly, with an output value close to 15 billion yuan. If a group of leading enterprises are gathered, it is fully qualified to create a "China Green Beauty Valley" with plateau plant characteristics.
Good resource endowment and strong scientific research strength give Yunnan a unique advantage in beauty cosmetics.
The unique green thorn fruit in the cold Liangshan area such as Diqing can repair the damaged skin barrier. Truffle is a high-end ingredient in anti-aging and whitening skin care products, and rose extract can effectively resist oxidation.
With the change of "functional satisfaction and ingredient concern", beauty cosmetics made of plants are favored by consumers and become a new trend in the development of beauty industry.
On March 25th, 2021, Yunnan Betani Biotechnology Group Co., Ltd. was listed on Shenzhen Stock Exchange, with an opening market value exceeding 70 billion yuan, becoming the "first share of cosmeceuticals" in China.
"Yunnan has a unique climate, high altitude, low latitude, large temperature difference, less pollution, high naturalness and purity of plants, and more active ingredients. There are more than 15,000 species of higher plants in the province, accounting for nearly 60% of the national plant species. " Zhao Chunhua, deputy general manager of Yunnan Xicao Resources Development Co., Ltd. introduced. Zhao Chunhua said that rich biological resources are the innate advantage of developing green beauty cosmetics in Yunnan. According to the National Catalogue of Used Cosmetic Raw Materials (2021 Edition), among the 8,965 raw materials used in cosmetics produced and sold in China, there are more than 3,400 kinds of plant raw materials, among which a large number of edible and medicinal plants are used in cosmetics, which has opened up the three-dimensional application of food, medicine and makeup, attracting many plant beauty brands to enter Yunnan one after another. Zhao Chunhua introduced that the functional components of more than 100 endemic plants in Yunnan have been developed and applied only in the resources of western grass.
The advantages of Yunnan’s beauty industry development come from many links in the industrial chain-
Yunnan has a perfect biomedical industrial chain, covering the whole process of research and development, production and sales. At present, the province is continuing to promote the development of biotechnology medicine industry focusing on vaccines, making every effort to build the best quality raw material base of natural medicines, and forming the whole industrial chain development system of natural medicines (traditional Chinese medicine and ethnic medicine) featuring healthy products.
The development and utilization of plant resources in Yunnan has strong scientific research advantages, and has rich professional knowledge and experience in planting Chinese herbal medicines, biotechnology research and development, drug registration and approval, etc. It has a number of excellent scientific research institutes such as Kunming Institute of Botany of Chinese Academy of Sciences and Institute of Medicinal Plants of Yunnan Academy of Agricultural Sciences, as well as a number of experts and scholars such as Professor Pei Shengji, an advocate of ethnobotany in China and chief scientist of skin care brand of botanists, with strong scientific research strength and fruitful research results. Through Industry-University-Research docking and achievement transformation, innovative products are continuously introduced to meet the diversified needs of the market.
In terms of leading enterprises, Yunnan Baiyao, a well-known trademark in China and a century-old pharmaceutical company, has been consistent since its establishment in 1902, inheriting the exploration, application and innovative research of Chinese medicine plants, and Betaine Winona has become the light of domestic products. A number of enterprises, such as Kunyao Group, watson biological, Bio-Valley and Jianzhijia Biomedical Company, have focused on deciphering the effective components in plants and made every effort to open up the whole industrial chain of green beauty industry.
Photo courtesy of Propaganda Department of Yuxi Municipal Committee of Yuxi watson biological Technology Co., Ltd.
"Herbal skin care is an important source of innovation for national skin care products. Starting from Yunnan’s characteristic plants, finding a skin healing prescription that is more suitable for orientals is an important breakthrough for Yunnan Baiyao to build a world-class brand and compete for a broader market. " Gu Ming, general manager of skin care BU of Yunnan Baiyao Group Co., Ltd., introduced that Yunnan Baiyao complied with the new wave of consumption growth under the background of big health industry, based on the advantages of extraction, efficacy research and proportion of medicinal plants in the group for more than 100 years, and devoted itself to medical research technology to push open the door to the efficacy of medicinal plants to beautify skin.
Betaine, the first brand of functional skin care products in China, took the lead in setting up Yunnan Characteristic Plant Extraction Laboratory in 2021, focusing on the research and development of functional cosmetics, functional foods and medicines with Yunnan Characteristic Plant Extracts as raw materials, developing high value-added plant health products, and realizing 40 independent research and development of functional cosmetics plant raw materials. On November 8, 2023, Betaine Institute held a signing ceremony in Paris with the Skin Research Center of St. Louis Hospital, France, and announced the formal establishment of the French Research Center of Betaine Group, marking the internationalization of the company’s research and development.
After more than 20 years’ development, Xicao Resources has owned a number of national and provincial innovation and development service platforms, such as the public service platform for industrial technology foundation of the Ministry of Industry and Information Technology, the new R&D institutions in Yunnan Province, and the innovation center for raw materials manufacturing of plants and cosmetics in Yunnan Province, and has established cooperative relations with many universities and research institutions, which has strong strength in scientific research and technological research, transformation of scientific and technological achievements, market promotion of products, etc., and has brought strong impetus to product innovation.
Yimei Tianxiang Group has a 2000-mu flower planting base in weichu, which has become the main raw material planting base of Yimei Tianxiang skin care products brand.
Zhen Meiyan’s parent company, Baimai Bio, invested tens of millions of yuan to develop a 1,000-mu flower planting R&D base, and deeply researched and developed high-quality raw materials, making Zhen Meiyan the first "original traceability" flower-based makeup brand in China.
Insiders pointed out that Yunnan’s colorful national culture and folk wisdom in using plants have integrated endemic plants with national culture, adding more story-telling market topics to Yunnan’s plant beauty cosmetics. At the same time, Yunnan’s superior geographical advantages, backed by a strong domestic market with a population of 1.4 billion and a market in South Asia and Southeast Asia with a population of 2.3 billion have laid a solid foundation for the development of Yunnan’s beauty cosmetics.
Leading enterprises demonstrate and promote green "cloud makeup" to enter the "fast lane"
In recent years, domestic beauty brands have risen rapidly, gradually regaining the "home advantage" made in China.
On the basis of characteristic plants and medicinal plants, many local brands have built their own unique brand stories and formed a different brand culture.
As a leading domestic beauty cosmetics enterprise, Bettini’s brand Winona has been rooted in Yunnan for a long time, making full use of the advantages of Yunnan’s characteristic plants and vigorously developing green beauty cosmetics. It has formed a clear brand through Winona, which focuses on sensitive muscles, Winona Baby, a high-end professional anti-aging skin care brand, and Befuting, a professional anti-acne medical brand.
In recent years, Betani has made great efforts. The central factory with an investment of nearly 500 million yuan and an annual output value of 5 billion yuan was completed and put into operation in 2023, attracting upstream and downstream enterprises in relevant industrial chains to settle in, promoting industrial agglomeration and improvement of industrial chains, promoting industrial upgrading and transformation and development, and providing important support for the province to cultivate advantageous biomedical industries.
"In the next step, Betani will continue to focus on the whole process of product R&D, production and sales through raw material advantages, R&D advantages, industrial chain advantages and brand advantages, so that Yunnan brands can enter the country and the world." Zhong Wei, public director and assistant to the chairman of Betani Group, said.
"It is extremely difficult for the skin care industry to be sophisticated. It must have independent intellectual property rights and core technologies. Now the market has strict requirements for the control of the entire industrial chain." Gu Ming said frankly that Yunnan Baiyao took the skin care industry as one of its key strategic layouts, actively integrated resources and made great efforts in basic scientific research. It took five years and invited more than 60 professional scholars to jointly compile a series of books entitled "Collection of Skin Care Efficacy of Natural Plant Raw Materials". Combining the research results, it summarized the basic information, active substances, efficacy and mechanism of more than 1,000 plants. This is the first book to comprehensively explore the application of natural plants in the skin care field and provide it for the whole plant skin care research industry.
Relying on years of rich experience in cultivating Yunyao, in 2007, Yunnan Panlong Yunhai Pharmaceutical Co., Ltd. began to set foot in the field of cosmetics around the development idea of "internal adjustment and external nutrition, health and beauty" and became the first batch of cosmetics R&D and production enterprises in Yunnan Province. Initiate the concept of "internal adjustment and external cultivation", make full use of the research results and production technology in Yunnan plant resources such as Notoginseng Radix, Dendrobium, Gastrodia elata, establish its own skin care brand "Shiliwei", develop and market more than 40 products, and the product sales cover 20 provinces and cities across the country, providing consumers with a series of detoxification and health care programs from "internal adjustment" drugs, health food and food to "external cultivation".
Wenshan Sanqi provides high-quality raw materials for the beauty industry.
"As a comprehensive institution focusing on the technical research and application of plant extraction health industry, Xicao Resources is based on the advantages of local resources, based on innovative technology research and development, and applies innovative technology to the biological activity research of plant costs, and finally realizes the multi-dimensional application of plant efficacy components in the fields of plant cosmetics and functional foods, providing customers with integrated services from research and development to production, and has achieved gratifying results in scientific research and development and brand building." Zhao Chunhua introduced.
In terms of scientific research and technical research, the company has 23 patents related to plant raw materials. For example, the molecular plant cell fluid prepared by the core patented technology can replace the use of "water" in cosmetics, and can turn the "anhydrous formula" from concept into reality, which has been applied to many plants. At present, Xicao has provided services for more than 300 well-known enterprises and brands, and has its own brand "Hundred Grass Fairy Tales".
The data shows that in 2023, the beauty industry in Yunnan Province achieved an output value of 15 billion yuan, with 12,668 enterprises engaged in the production and sales of cosmetics, and 59 enterprises with cosmetics production licenses, including 43 industrial enterprises above designated size in beauty-related industries.
According to the relevant person in charge of the Provincial Department of Industry and Information Technology, through years of development, Yunnan Province has initially built an industrial chain of upstream raw material planting, midstream plant extraction and downstream beauty products manufacturing in the functional beauty industry. The variety of perfume plants in the province ranks first in the country, the total output of flavors and fragrances ranks fourth in the country, and the export volume accounts for 15% of the country. Eucalyptus leaf oil accounts for 98% of the global market share, and major products such as flavors and fragrances, cosmetics, washing products and oral products have been launched, initially forming well-known local leading enterprises and well-known brands.
In the next step, Yunnan Province will focus on "natural plant extraction and plateau characteristic biological application", give full play to the advantages of characteristic plant resources, vigorously develop flavors and fragrances, functional skin care products, washing products and functional toothpaste, accelerate the construction of beauty industry chain, and form an industrial system of raw material planting, plant extraction and substrate raw material auxiliary materials development, cosmetics manufacturing and terminal market development, so as to enhance the comprehensive benefits of industrial operation. By extending the chain and strengthening the chain, we will continue to build the whole beauty industry chain. By 2025, the operating income of the beauty industry will reach 30 billion yuan.
Written by: Yang Yanyan Duan Xiaorui Gao Yue, Duan Yi, Chen Xiaobo.
Original title: It’s time to build "China Green Valley"! Investigation on the development of Yunnan plant beauty industry (I)
Ministry of Finance: Last year, a total of 579.696 billion yuan of lottery tickets were sold nationwide.
Zhonghong. com, January 31st According to the data of the Ministry of Finance, in December 2023, a total of 53.284 billion yuan of lottery tickets were sold nationwide, a year-on-year decrease of 8.565 billion yuan or 13.8%. Among them, the sales of welfare lottery institutions was 17.476 billion yuan, an increase of 5.646 billion yuan, an increase of 47.7%; The sales of sports lottery institutions reached 35.808 billion yuan, a year-on-year decrease of 14.211 billion yuan or 28.4%. Mainly due to the high base of the pulling factors of the football World Cup in the same period last year.
From January to December, the national lottery sales totaled 579.696 billion yuan, an increase of 155.044 billion yuan or 36.5%. Among them, the sales of welfare lottery institutions was 194.441 billion yuan, an increase of 46.311 billion yuan, an increase of 31.3%; The sales of sports lottery institutions reached 385.255 billion yuan, an increase of 108.733 billion yuan or 39.3%.
Among them, in December 2023, the sales of lottery digital lottery tickets was 16.952 billion yuan, a year-on-year increase of 29.3%; The sales of quiz lottery tickets was 22.431 billion yuan, down 47.8% year-on-year; The sales of instant lottery tickets reached 10.224 billion yuan, a year-on-year increase of 214.4%; Keno lottery sales reached 3.676 billion yuan, a year-on-year increase of 47.3%. In December, the sales volume of digital lottery, quiz, instant lottery and Keno lottery respectively accounted for 31.8%, 42.1%, 19.2% and 6.9% of the total lottery sales, and the sales volume of video lottery was 140,000 yuan, an increase of 120,000 yuan year-on-year.
Last year, the lottery digital lottery sales totaled 176.803 billion yuan, an increase of 21.385 billion yuan or 13.8%. The sales of quiz lottery tickets was 246.476 billion yuan, an increase of 65.550 billion yuan or 36.2% year-on-year; The sales of instant lottery tickets reached 119.021 billion yuan, an increase of 59.574 billion yuan or 100.2%. The sales of Keno lottery tickets reached 37.394 billion yuan, up 8.534 billion yuan or 29.6% year-on-year. From January to December, the sales volume of digital lottery, quiz, instant lottery and Keno lottery respectively accounted for 30.5%, 42.5%, 20.5% and 6.5% of the total lottery sales. Video lottery sales reached 1.53 million yuan, up 930,000 yuan year-on-year.
By region, in December 2023, compared with the same period of last year, the sales volume of lottery tickets in various provinces in China was mixed, with Hunan, Guangdong, Chongqing and Xinjiang increasing by 231 million yuan, 191 million yuan, 163 million yuan and 138 million yuan respectively. Jiangsu, Zhejiang, Shandong, and Sichuan saw a large decline, with a year-on-year decrease of 1.722 billion yuan, 1.106 billion yuan, 735 million yuan, and 659 million yuan respectively.
Last year, compared with the same period of last year, lottery sales in all provinces in China increased, with Guangdong, Jiangsu, Zhejiang and Shandong increasing by 16.321 billion yuan, 12.946 billion yuan, 12.442 billion yuan and 10.832 billion yuan respectively.
"China Vitality" in the data | The export of new energy vehicles reached a new high, with a year-on-year increase of 97.4%.
CCTV News:"China Vitality in Data" series reports that today (September 30th) we will pay attention to the export data of new energy vehicles. According to the data from China Association of Automobile Manufacturers, in the first eight months of this year, 340,000 new energy vehicles were exported, up 97.4% year-on-year, and new energy vehicles are becoming a new business card of China Intelligent Manufacturing.
According to the data released by China Automobile Manufacturers Association recently, this year’s 1-mdash; In August, China exported 1.817 million vehicles, up 52.8% year-on-year. Among them, 340,000 new energy vehicles were exported, a year-on-year increase of 97.4%, and the contribution rate to the growth of automobile exports reached 26.7%. In 2021, China’s automobile exports reached 2.138 million, surpassing 2 million for the first time, making it the third largest automobile exporter in the world after Japan and Germany.
Some experts in the industry said that in terms of structure, the export of automobile industry is shifting from commercial vehicles to passenger cars represented by new energy vehicles. In addition, in the export area, China’s automobile exports also focus on new energy vehicles, which are mainly from Asia, Africa and Latin America in the past, and are expanding to mainstream markets such as Europe.
Wang Du, Deputy Secretary General of china automobile dealers association:Our current export of new energy vehicles is mainly in the European market. Last year, 49% of our new energy vehicle exports were exported to the European market, and our automobile export situation is very gratifying.
In terms of models, the export models represented by new energy vehicles are more advanced. In the past, they were mostly low-end models, and now many enterprises have begun to cut into the market with high-end cars. In addition, in terms of export strategy, from passive in the past to active now, in addition to local factory building and cross-border brand cooperation, we have also adopted self-built sales channels and customized development of new models through shared technology to open up the international market.
Fu Bingfeng, Executive Vice President of China Automobile Industry Association:Different from the past, car companies have built their own marketing channels abroad and continued to build brands, and new energy vehicles have initially achieved a new development pattern of domestic and international double circulation.
The export of new energy vehicles has maintained a good momentum in the first eight months of this year. In September, the export momentum has not diminished, which will drive China’s automobile exports to a new high this year.
On September 13th, in Shanghai, the largest batch of pure electric vehicles in China was shipped at Haitong Wharf and exported to the European market. This time, 10,000 pure electric vehicles of SAIC were exported to the European market.
On September 26th, in Wuhan, the first batch of new energy vehicles of Dongfeng Group went to sea in Norway. At the export ceremony, Norwegian dealers were full of confidence in this new energy vehicle made in China.
Norwegian distributor Sven Arid yangsi Gard:At first glance, the market response (in Norway) is very positive, and consumers are very satisfied with the products.
In Beijing, near the "Eleventh", workers in this bus factory are stepping up production. By the end of October, this factory will have produced a total of 1022 pure electric buses for export to Chile.
Han Dong, Executive Vice President of New Energy Bus Company:This list is a record for the export of pure electric vehicles (buses) in China. The single order is more than 1000 units, which is a high-quality order in the domestic bus industry.
According to the data of China Association of Automobile Manufacturers, since 2020, despite the impact of the epidemic, China’s automobile exports have generally shown a rapid growth momentum. In 2021, China exported 2.138 million vehicles, which doubled year-on-year, achieving a historic breakthrough. Among them, the export of new energy vehicles exceeded 400,000, a year-on-year increase of nearly three times.
Fu Bingfeng, Executive Vice President of China Automobile Industry Association:In this process of transformation, China’s innovation, industrial chain construction and market cultivation have reached the forefront of the world. The rapid growth of new energy vehicles (sales volume) in China has also led to a historic breakthrough in China’s automobile export, ending the situation that it has been hovering around 1 million vehicles (export volume) for more than ten years.
The head of China Automobile Industry Association said that this year, driven by the strong export momentum of new energy vehicles, China’s automobile exports will reach 3 million, reaching a new high, and it is expected to become the second largest automobile exporter in the world.
In the interview, the reporter also noticed that after years of development, the technical level of China’s new energy vehicles has been significantly improved, and the core technologies of key components have reached a higher level. It is the innovation of the whole industry chain that has helped new energy vehicles become a new business card for intelligent manufacturing in China.
The reporter walked into this new energy automobile enterprise in Anhui, and the production line was busy, and the order had been placed for three months. The person in charge of the enterprise told the reporter that the secret of the rapid growth of the sales of new energy vehicles in enterprises lies in persisting in innovation.
Xu Youzhong, Vice President of Automotive Engineering Technology R&D Institute of Automobile Enterprises:Taking research and development as the top priority, we have established 38 technical committees, including a set of forward development process systems with 38 systems and 22 performance dimensions.
In the past 10 years, this company has invested more than 7% of its sales revenue in R&D every year, mastered a number of key core technologies such as the fifth-generation engine with the maximum effective thermal power of 44% and the world’s first gearbox with nine modes of switching, and applied for 18,500 patents. At present, there are nearly 10,000 R&D personnel.
Not only insist on innovation, China new energy automobile enterprises are generally enhancing their product adaptability and building a "global car". The reporter noted that these new energy vehicles exported to Norway have generally developed the trailer hook function to adapt to the cold and snowy scenes in northern Europe. Another batch of vehicles exported to the British market, including the work of changing the left steering wheel to the right steering wheel, invested more than 100 million yuan in adaptive development.
Wang Du, Deputy Secretary General of china automobile dealers association:New energy vehicle is a new business card of intelligent manufacturing in China. We must grasp this window period well. We must be able to form a standard pool with Europe or America, and we can recognize each other’s standards together and compete under the same standard platform.
The person in charge of China Automobile Industry Association said that the high export growth of new energy vehicles in China is the inevitable result of years of industrial accumulation. In the past 10 years, China government’s support policy for the new energy automobile industry has been continuously strengthened, and China automobile enterprises have actively responded to the policy call, and the overall strength of the new energy automobile industry has been continuously improved, which can meet the global diversified market demand in terms of product appearance, quality, R&D and production capacity.
Fu Bingfeng, Executive Vice President of China Automobile Industry Association:In this round of global automobile transformation to electrification and new energy, we have occupied a commanding height and led the global automobile industry to transform to new energy and electrification.
These days, "Chao Wen Tian Xia" has continuously broadcast "China Vitality in Data", and a series of data are dizzying. There is a digital economy in these data, which has greatly liberated and developed productive forces and changed the underlying logic of industrial production. There are also key points in the data. An "excavator index" allows us to see how many points to focus on when stabilizing the economy.
There are market players in the data, and their vitality comes to the fore through vivid data. There are services in the data, and the vitality of market players comes from their own efforts, as well as from intimate public policies and targeted services. There are transformations in the data, new technologies, new products, new formats, and how many old trees are blooming. There is also a future in the data, and artificial intelligence, Internet of Things, etc. are releasing amazing potential.
The data is like a rigorous brush, which gives us a picture of China’s economic development. These data are not easy to get, and there are gratifying achievements in the data, and there is a process of tackling difficulties. China’s vitality in the data is, in the final analysis, created by hundreds of millions of resilient, creative and enterprising people. The vitality of China in the data actually tells the story of China people’s innovation in the data.
The pace of recovery in the real estate market accelerated in the third quarter, and the rebound signal weakened in the fourth quarter.
In the third quarter, the pace of recovery of the national real estate market accelerated, and the transaction volume and transaction price of commercial housing in key cities made a smooth transition. At the same time, the regulatory policies in the industry have been continuously introduced, especially for the continuous implementation of the "three red lines" fund regulatory policies for real estate enterprises. The industry expects that the differentiation within the industry will intensify in the fourth quarter, and the phenomenon of price-for-quantity exchange will further increase.
The overall recovery of the residential market accelerated in the third quarter.
Recently, the sales data of commercial housing in 40 monitored cities in China released by Yihan think tank shows that the sales area of commercial housing in 40 cities in September was 24.58 million square meters, up from the same period last year, accounting for 12.4% and 2.3% respectively, and the transaction volume increased steadily.
According to the analysis of Yihan think tank, on the whole, the residential market in the monitored cities achieved positive growth in September compared with the previous month, and the market heat recovered slightly compared with August. Combined with the industry policy, it is expected that the overall performance of the residential market will be relatively stable throughout the year, and it is difficult to have large fluctuations, and more is the self-adjustment of the market.
"Golden September and Silver 10" is considered as the traditional performance development period of real estate enterprises. From January to September, 2020, the performance of real estate enterprises in each echelon has a greater impact, and the sales performance of real estate enterprises in different echelons has achieved different degrees of growth. Among them, the performance threshold of TOP50 housing enterprises has the highest increase, reaching 15%.
It is worth noting that in the third quarter, the pace of recovery of the commercial housing market in key cities accelerated. According to the statistics of China Index Academy, in the third quarter, the overall transaction scale of commercial housing in 100 cities nationwide reached the highest level since 2017, with a year-on-year increase of about 10%, especially in July-August, driven by the continuous active push of real estate enterprises, the effect of superposition policy has not yet been obvious, the enthusiasm for demand release remained high, the off-season effect was obviously weakened, and the transaction scale continued to the high level in June.
In September, on the one hand, the demand gradually stabilized after a sustained and rapid release in the previous months; On the other hand, the continuous tightening of property market regulation has further weakened the enthusiasm for demand release. According to preliminary estimates, the year-on-year growth rate of commercial housing transactions in 50 key cities in September has narrowed sharply to around 4%, and the absolute scale has dropped from June to August.
In terms of housing prices, the prices of new residential buildings in 100 cities nationwide rose steadily in September, and the cumulative increase in the third quarter was larger than that in the same period last year. According to the survey data of 100 cities in China by the Central Reference Institute, in September, the average price of new residential buildings in 100 cities was 15,643 yuan/square meter, up 0.24% from the previous month, and the increase rate was within 0.6% for 39 consecutive months.
Since July this year, the tightening trend of real estate regulation and control policies has been obvious, and many places have been regulated and upgraded. Buyers’ home ownership sentiment has become more rational and market expectations have become more stable. In the first three quarters, the price of new residential buildings in Baicheng increased by 2.46%, which was 0.08 percentage point lower than that in the same period of last year, and increased by 1.18% in the third quarter, which was slightly larger than that in the second quarter and the same period of last year.
In view of the overall situation of the real estate market in the third quarter, the analysis of the Central Reference Institute pointed out that during the period, driven by the active promotion of housing enterprises, the transaction still maintained a good momentum, the off-season effect of the market was obviously weakened, the transaction scale of commercial housing in key cities increased rapidly, and the price of new housing also rose steadily; At the same time, some unstable expectations are gradually accumulating in hot cities.
Tightening control policies and increasing cities.
In September, several local cities issued regulation policies to regulate the real estate market in terms of purchase restriction, loan restriction and sales restriction, including Dongguan, Hangzhou, Shenyang, Changzhou and Chengdu. On the whole, the regulation policies of cities are generally adjusted moderately on the basis of previous policies; The overall performance is based on the policy of the city, focusing on stability to prevent large fluctuations in the market; Adhere to the policy tone of "the house is for living, not for speculation".
In fact, since July, Hangzhou, Ningbo, Shenzhen and other cities have tightened their control policies. Local policies have guaranteed income and stabilized the expectations of the real estate market from different aspects. Judging from the content of regulation, while strengthening market supervision, the policies issued by various localities also clarify the policy orientation of high-level talents and families without houses giving priority to buying houses, focusing more on ensuring the housing needs of just-needed groups and curbing investment speculation demand.
However, compared with the loose monetary environment in the first half of the year and the introduction of real estate support policies in many places, the regulation and control policies of real estate on industry fund supervision in the third quarter have turned. The central government has held many meetings to emphasize that the orientation of "housing and not speculating" will remain unchanged, and real estate will not be used as a short-term means to stimulate the economy, and regulatory measures will be deployed from various aspects. The regulatory authorities set up "three red lines" to limit the financing of real estate enterprises, prevent and resolve real estate financial risks, and promote the healthy development of the industry.
Based on this, the real estate market is expected to stabilize in the third quarter, and the prices of new and second-hand houses have risen steadily as a whole. Especially since September, the regulatory policies have gradually become effective, and the demand has been attributed to rationality; Under the strong financial supervision, housing enterprises are more cautious in taking land, and the heat of the land market has declined.
Yihan’s analysis pointed out that from the recent frequent policies, the general tightening of the financing environment has also brought some pressure to the financing of housing enterprises. However, large and medium-sized housing enterprises can obtain large-scale financing inflows in the capital market by virtue of their high solvency and credit rating; Small and medium-sized housing enterprises are limited in scale. Without the background of state-owned enterprises, the financing threshold of companies is greatly improved and the financing pressure is greater.
The agency believes that for the real estate industry, the government’s increased supervision of funds in the real estate industry is conducive to maintaining the stable operation of the industry and avoiding overheating in the market; On the other hand, it is conducive to accelerating industry integration, realizing the strong and staying strong, and avoiding the phenomenon that bad money drives out good money.
In the industry’s view, no matter the uncertainty of the external environment increases or the impact of the internal epidemic, the bottom line of the real estate industry’s regulation of "staying and not speculating" has not wavered. From the starting point of the policy, the purpose of strict capital supervision is also to make the development of the real estate industry more controllable and under strong control.
Industry differentiation will further intensify in the fourth quarter.
Based on the market situation since the beginning of this year, the outbreak of COVID-19 epidemic at the beginning of this year once blocked the sales of housing enterprises. However, as of the end of September, the sales of real estate enterprises have returned to the same period last year, and most real estate enterprises have shown a year-on-year upward trend.
According to the recent sales performance data of typical real estate enterprises in Yihan think tank, the sales level of typical real estate enterprises in the first three quarters showed strong resilience. Only six of the TOP30 housing enterprises saw a year-on-year decline in sales in the first three quarters, and the rest all increased compared with the same period last year.
At the same time, with the normalization of epidemic prevention and control, the target completion of key housing enterprises still needs to be improved. By the end of September 2020, the completion rate of sales performance target of typical real estate enterprises was 70%. Among the 30 typical housing enterprises, half of the target completion is still less than 70%. This means that the performance pressure of housing enterprises in the fourth quarter is still not small.
In view of the market trend in the fourth quarter, the Central Reference Institute analyzed and predicted that the pilot of the new regulations of "three red lines" for capital supervision in the industry will be gradually implemented, and some real estate enterprises will take the form of concession promotion to grab back the money. It is expected that the improvement of supply will continue to support the transaction volume to maintain a certain scale, but considering that the central and hot cities will continue to adhere to strict regulation and control, and there is still the possibility of repeated local epidemics in autumn and winter, the transaction scale of commercial housing in key cities in the fourth quarter will remain relatively stable at the existing level.
Shen Xin, a researcher at Yiju Research Institute, pointed out that since the second half of the year, the regulatory policies of hot cities and financial policies have been constantly tightening, indicating that the bottom line of the central government’s "housing and not speculating" will not change.
Shen Xin further analyzed and pointed out that Evergrande took the lead in opening the "30% discount on national real estate" in early September, which started the first shot of property market promotion. Since then, Country Garden, Greenland, Vanke and other housing enterprises have also started different degrees of promotion activities. It is expected that under the pressure of "three red lines", more real estate enterprises will join the promotion ranks in the fourth quarter to promote the return of funds by exchanging price for quantity.
This year, in the context of the slowdown in industry growth, the performance of the top 100 housing companies also showed differences due to the impact of the epidemic. Under the current market environment, the concentration of housing enterprises in various echelons continues the differentiation pattern, and the competitive advantages of large-scale housing enterprises are prominent, while the sales of small and medium-sized housing enterprises are still facing greater growth pressure.
Kerry Real Estate Research Center pointed out that in the fourth quarter, on the one hand, housing enterprises entered the performance sprint season, and the market supply accelerated, which will drive the transaction to increase. At the same time, the fundamentals that the industry as a whole is still under pressure have not improved significantly. The trial of the new regulations of "three red lines" will force housing enterprises to speed up the improvement of operational management and control efficiency. This also means that the fourth quarter will intensify the differentiation pattern of the real estate industry and promote the acceleration of concentration. (Reporter Gao Wei reports from Beijing)
What areas should we focus on to effectively prevent and resolve financial risks? Interpretation of the Authority of China People’s Bank
What areas have you been focusing on in recent years to effectively prevent and resolve financial risks? The People’s Bank of China published a column on November 13th for a special interpretation.
The column pointed out that the People’s Bank of China, closely focusing on the three tasks of serving the real economy, preventing and controlling financial risks, and deepening financial reform, resolutely fought a tough battle to prevent and resolve major financial risks in accordance with the basic principles of "overall stability, overall coordination, classified policies, and accurate bomb disposal", improved the working system and mechanism of financial stability, and disposed and resolved a number of outstanding risk points with great influence, urgency and overall situation in an orderly manner, effectively safeguarding the overall situation of national economic and financial security and financial stability.
Properly handle high-risk groups and high-risk financial institutions.
The column pointed out that the People’s Bank of China adhered to the principles of marketization and rule of law, filled the shortcomings of the system, and "accurately defused" a group of enterprise groups with high risk and large scale. Through the case warnings of bankruptcy liquidation of Baoshang Bank, bankruptcy reorganization of HNA Group, Huaxin Group and Founder Group, all kinds of business entities are urged to truly feel the hard constraints of market principles such as "doing business requires capital, borrowing money needs to be repaid, investment needs to bear risks, and doing bad things requires a price", thus further strengthening the awareness of practicing according to law, compliance management and prudent operation. We will continue to promote the reform of small and medium-sized banks, accelerate the reform of rural credit cooperatives with "one province and one policy", and steadily promote the reform, restructuring and risk resolution of village banks. Actively explore pilot projects for early correction of hard constraints in some provinces, and put forward a hard constraint requirement of "rectification within a time limit" for incremental high-risk banks.
Comprehensively clean up and rectify the financial order
The column pointed out that the People’s Bank of China formulated a series of regulatory systems, such as the introduction of new asset management regulations, unified regulatory standards, broke rigid payment, strengthened risk isolation, and promoted the rectification and transformation of asset management business. By the end of 2021, the transition period of new asset management regulations ended, and the chaos of nesting and idling funds was effectively curbed, and the scale of shadow banking dropped significantly. Smooth completion of the rectification of outstanding problems in the financial business of Internet platform enterprises, and shift the focus of work to normal supervision. The special rectification of Internet financial risks has achieved good results, all P2P online lending institutions have closed down, and the rectification work in the fields of Internet asset management, equity crowdfunding, Internet insurance, virtual currency trading and Internet foreign exchange trading has been basically completed. We will further promote risk remediation of local financial asset exchanges, "fake gold exchanges" and third-party wealth management companies, crack down on illegal fund-raising and resolutely curb speculation in domestic virtual currency transactions. Continue to intensify the investigation and handling of money laundering cases.
Effectively prevent and resolve risks in key areas.
The column pointed out that the People’s Bank of China made comprehensive measures from both sides of supply and demand to maintain the smooth operation of the real estate market. Keep real estate financing stable and orderly. Due to the city’s policy to implement differentiated housing credit policies, we will continue to guide the real interest rate and down payment ratio to better support rigid and improved housing demand. Take a number of measures with relevant departments to actively support local governments to steadily resolve debt risks. Guide financial institutions to negotiate with financing platforms on an equal footing according to the principles of marketization and rule of law, and adopt classified measures to resolve the risk of existing debts, strictly control incremental debts, and improve the normalized financial debt monitoring mechanism of financing platforms through extension, borrowing new ones and replacing old ones.
Build and improve the financial stability guarantee system
The column pointed out that the People’s Bank of China continued to promote the construction of financial rule of law, and the Financial Stability Law, the People’s Bank of China Law, the Commercial Bank Law and the Insurance Law were included in the legislative plan of the National People’s Congress, while the regulations on local financial supervision and management, non-bank payment institutions and foreign exchange management were included in the legislative work plan of the State Council in 2023. We will improve the framework of macro-prudential management system, establish a countercyclical capital buffer mechanism, introduce evaluation methods for systemically important banks and insurance companies, issue supervision rules and access regulations for financial holding companies, formulate a work plan for overall supervision of financial infrastructure, and constantly improve comprehensive statistics of the financial industry. Improve the deposit insurance system, and effectively play the core functions of deposit insurance, such as preventing bank runs, differential rates, early correction, and risk disposal. Accelerate the establishment of a financial stability guarantee fund, initially establish the basic framework, and have accumulated certain funds.
At present, China’s financial risks are generally convergent and controllable. At the end of the second quarter of 2023, the total assets of China’s financial institutions were 449.21 trillion yuan, of which the total assets of banking institutions were 406.25 trillion yuan, accounting for more than 90% of the assets. The banking industry occupies the dominant position, and the stability of the bank leads to financial stability. Judging from the results of the quarterly rating of banking financial institutions by the People’s Bank of China, most of the nearly 4,000 commercial banks in the second quarter of 2023 are within the safe boundary; The number of high-risk banks is only over 300, and the assets account for less than 2% of all banks. The rating of 24 large banks with assets accounting for about 70% has been excellent, and some banks’ main operating indicators are at the international leading level, which has played a key role in China’s financial system as a "ballast stone". The supervision indicators of financial institutions are in a reasonable range. By the end of the second quarter of 2023, the capital adequacy ratio, non-performing loan ratio and provision coverage ratio of commercial banks were 14.66%, 1.62% and 206.13%, respectively. The average comprehensive solvency adequacy ratio of insurance companies was 188%, and the risk coverage ratio and average capital leverage ratio of securities companies were 255.38% and 18.78%, respectively. The credit risk was at a controllable level and the loss resilience was maintained.
Firmly hold the bottom line of no systemic risk.
The column pointed out that in the next step, the People’s Bank of China will thoroughly implement the spirit of the Central Financial Work Conference and unswervingly follow the road of financial development with China characteristics. Strengthen financial supervision in an all-round way, improve macro-prudential management, strengthen the monitoring and analysis of systemic risks, shadow banking and financial technological innovation, improve the early correction mechanism with hard constraints, and realize early identification, early warning, early exposure and early disposal of risks. Strengthen the construction of financial security system, classify policies, deal with the risks of high-risk small and medium-sized financial institutions in a timely manner, effectively prevent the cross-regional, cross-market and cross-border transmission resonance of risks, and firmly hold the bottom line that systemic risks do not occur.
(CCTV reporter Dong Bin)
Yang Mi Tang Yan Ma Su star issued a statement that it was him!
Star pop statement
1905 movie network news Seeing that the Spring Festival is approaching, the circle of friends is full of various ticketing links. The entertainment circle has never stopped, with stars or studios making statements every three days and frequently making headlines in hot search. However, after reading these statements, Xiaobian really wants to say, are you sure this is a statement, not widely publicized?
On January 15th, yang mi studio issued a statement. If it weren’t for this statement, who knew that there was such a netizen named Liu Kongqing who wrote articles such as "International Power Wars Gum" and "Tang Yan-Yang Mi Battle", describing Yang Mi and Tang Yan as plastic sisters. As a result, how many people want to search for articles to get a glimpse of it. (See for details)
Yang mi studio statement
Actually, Tang Yan, who is "not a plastic sister flower" with Yang Mi, also made a statement two days ago, but now the limelight is completely overshadowed by Yang Mi, who is "not a plastic sister flower" with her. On January 13th, Tang Yan’s studio issued a statement, aiming at Huang Yiqing’s suggestion that Masu took the two-character actress to "do her hair". But if it weren’t for this statement, we really didn’t associate this two-character actress with Miss Tang Yan. (See for details)
Tang Yan studio statement
One step earlier than Miss Tang Yan, it is necessary to count "I didn’t bring her to do my hair.""Masu. On January 12th, Masu Studio issued a statement saying that it would sue Huang Yiqing for "libel". Therefore, before Huang Yiqing broke the news that Masu had cheated on her many times, fell in love with Daxun Wei, and often introduced the actress to "do her hair", which became well known. Support Masu to take legal measures, and don’t drop the lawsuit halfway! (See for details)
Masu studio statement
And even earlier than Masu is ZhangJike, who "has never done hair with her". In response to Huang Yiqing’s statement that athletes named Z had "done their hair" with Masu, on January 11th, ZhangJike Studio clarified that they were just "normal friends". As soon as this statement was issued, Huang Yiqing, who was originally called "Crystal’s ex-husband", was immediately upgraded to "the new entertainment circle discipline inspection commission", and his fans and popularity soared. (See for details)
ZhangJike studio statement
And the "initiator" of all this can be traced back to PGONE, the protagonist of the first entertainment news in the New Year. On January 5th, PGONE Studio issued a statement, saying that "the network rumored that PGONE junior high school students broke the news, which involved the act of raping a minor and making her pregnant and abandoning it", declaring it as "nothing, empty talk and rumors".Netizens have said that "PGONE Studio is crazy" and "I actually came up with such a trick in order to transfer the topic of derailment".(See for details)
PGONE studio statement
All in all, in a word, no one may have known about these messy news, but now when you make a statement, the whole world knows it. Are you sure that you are not making a statement to publicize it, or to discredit yourself? All right, as long as you’re happy.
Win the future through exchanges and mutual learning: the first brand day of impact was successfully held in Shenzhen.
Recently, impact, the world’s leading partner marketing management platform, successfully held its first brand day, which also marked a milestone moment for impact in the China market. This brand day was held in Shenzhen, a city of scientific and technological innovation, and invited brand customers such as Jackery, PITAKA, UGREEN and xTool to gather at the event site to discuss the cutting-edge technologies and trends of overseas marketing and plan the future blueprint of digital marketing.
In this Brand Day event, the team of impact Greater China shared their unique views on the future of digital marketing with the guests, and revealed the new trend of industry development. Brand Day is not only a time to look back on the past, but also a time to jointly paint a new picture in the digital era of overseas marketing. Here, everyone is not only a witness, but also a creator, and jointly write a brand-new chapter in digital marketing.
Stimulate innovation and seek common future.
At the opening of the event, Jennifer Zhang, President of impact Greater China, delivered a speech: "Four years ago, impact first brought the leading marketing concept of partner marketing to China. These four years are also the four years when we rooted the concept of partner marketing in China. Time flies, the first brand day of impact finally arrived as scheduled. In this process, we experienced the joy of growth and the twists and turns of exploration with all our customers, and witnessed the vigorous development of partner marketing in China. Your support and trust are the biggest driving force for us to keep moving forward. This year is a special year, and it is also a year for us to meet the changes together. In the future, we will continue to be committed to providing better products and services to help China brands go more steadily and further on the road to the sea. "
(Jennifer Zhang, President of impact Greater China)
In the course of reviewing the past, the impact product portfolio is growing continuously. Through five successful acquisitions, impact has consolidated its leading position in the global market and demonstrated its determination to continuously improve its service level. Whether from product innovation to the construction of platform ecology, impact has been constantly evolving, creating a more complete platform solution and ecosystem for the journey of overseas brands to explore the global market.
"This impact Brand Day is not only a feast to celebrate, but also a journey of innovation. Here, in addition to sharing the use skills of impact, we can also exchange in-depth insights into the sea market and jointly explore new paths for industry development. " John Huang, Marketing Director of impact Greater China, said, "We were moved by your positive feedback, which further verified the value of holding this event. It is expected that in the future, everyone can interact with industry partners more openly and explore innovative ways of partner marketing. Looking back on the four-year process of impact, this brand day witnessed the vigorous development of partner marketing and brought new vitality to the sea-going track, especially a series of changes in the sea-going marketing track. May we continue to witness the progress of the industry together in the future and work together to create a more brilliant tomorrow. “
(John Huang, Marketing Director of impact Greater China)
Open up insights and stimulate industry resonance.
Different from the past, this activity chose the outdoor lawn as an open communication space. The event was full of enthusiasm, and the brand spirit of impact was also here in generate.
Outstanding customers from all walks of life gathered at the scene to share their successful stories and experiences of cooperation with impact. This is a customer-oriented feast, which highlights the concept of "win-win together" that impact has always had. A relaxed and interesting interactive area for product function display was set up at the scene, which created a relaxed and close atmosphere for the guests, made customers feel the unique charm of the brand in the game interaction, and promoted deeper exchanges and cooperation.
"I think this activity has gained a lot, not only have the opportunity to share experiences with peers, but also discuss the future development of the industry together." EMEET brand customers spoke highly of this activity. "The essence of partner marketing is win-win. During the cooperation with impact, we gained a lot of help, achieved income growth and achieved a win-win goal."
Talking about the situation of going out to sea, xTool brand customers believe that "in the cold environment of going out to sea, it is the best time for the brand to go upstream and insist on practicing long-term, so I am very honored to have this opportunity to continue to develop in the field of going out to sea." At the same time, she also gave her own opinion on partner marketing. "The word partner marketing actually accurately summarizes its essence. We are not a zero-sum relationship, but a partnership that works together to expand our business under the same goal."
In this digital age full of challenges and opportunities, impact Brand Day is not only an annual review moment, but also the beginning of meeting the future challenges with the vast number of overseas brands. In the future, impact will continue to uphold the concept of innovation and sustainable development, continuously improve its hard power, and provide a better cooperation experience for overseas brands.
About impact
Impact is the world’s leading partner marketing management platform. Since its establishment in 2008, it has always been committed to optimizing and upgrading the way enterprises manage all types of partnerships, including traditional alliance customers, KOL, content traffic owners, B2B and so on. The company’s powerful and constructive platform can help brands, marketing agencies, partners and consumers to establish real, lasting and mutually beneficial relationships.
In the whole process of consumer behavior, users of impact can aggregate, coordinate and optimize partner marketing projects in an efficient and transparent way, thus promoting performance growth and creating novel and diverse values for consumers. To learn how impact’s technology platform and partner marketing projects can promote the revenue growth of global corporate brands such as Wal-Mart, Uber, Shopify, Lenovo, L ‘Oreal, Fantatics, Levi’s and 1-800-Flowers, please visit official website.
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45th Anniversary of Reform and Opening-up: Creating High-quality Life for the People
In the 45 years of reform and opening up, "let people share the fruits of reform and opening up" has always been a major event that successive jiangsu provincial party committee and provincial governments have attached great importance to and made great efforts to grasp. Especially since entering the new era, Jiangsu has persisted in promoting reform with people as the center, and strived to create a high-quality life by promoting high-quality development. Various measures to enrich the people have been continuously implemented, and people’s livelihood highlands have been constantly refreshed, and people’s lives have moved towards a more solid, high-level and comprehensive well-off society.
From the strategy of "enriching the people and strengthening the province" to "focusing on enriching the people", since the reform and opening up, Jiangsu Administration has always anchored "people’s wealth" and handed over a beautiful report card: Jiangsu urban residents and rural per capita disposable income have jumped from 288 yuan and 155 yuan in 1978 to 60,178 yuan and 28,486 yuan in 2022. In recent years, the income growth rate of rural residents has outpaced that of urban residents, and Jiangsu has become one of the provinces with the smallest income gap between urban and rural areas in China. Behind the historical leap of people’s life from "food and clothing" to overall "well-off" is Jiangsu’s unremitting efforts in increasing employment and income. The data shows that since the 18th National Congress of the Communist Party of China, Jiangsu has accumulated more than 14 million new urban jobs, with an average annual employment of about 1.41 million, which has remained at the forefront of the country. Support 3.046 million urban and rural workers to start their own businesses, which effectively boosted employment.
Mao Dan, a college student who returned home to start a business and the head of Gutian Farm, said: "The national and provincial policies on college students’ entrepreneurship are getting better and better. The profit of my farm is also increasing every year. The annual sales are around 2.5 million, which has led to the employment of about 50 people."
What the people care about and expect, what the reform must grasp and promote. Jiangsu has always regarded "people’s growing needs for a better life" as a yardstick to measure development and promote reform. In the 45 years of reform and opening up, the social security system has grown from scratch and from scratch to Excellence. The province has established a unified and fair social endowment insurance system for urban and rural residents, and about 21 million retired workers and elderly residents receive full monthly pensions. A multi-level and wide-coverage universal medical insurance system was initially formed, with nearly 81 million people participating in basic medical insurance in the province. The reform of the housing system continued to advance, Nanjing promoted the monetization of public rental housing, Taizhou took the lead in implementing the "sunshine guarantee" policy in the country, and Changzhou launched talent apartments, so that more new citizens and young people realized their dream of living in peace. By the end of 2023, the province has renovated about 14,000 old communities, benefiting about 5 million households. The bottom line of people’s livelihood has been firmly grasped, and provinces, cities and counties have comprehensively established a coordination mechanism for basic living security for people in need, providing institutionalized protection for people in need.
Since entering the new era, Jiangsu has been devoting more than 75% of general public budget expenditure to people’s livelihood for many years, constantly polishing the happy background of "the people are rich".
Huan Wang, a young man living in Changzhou Lanling Talent Apartment, said: "This place is relatively new, and the household appliances and furniture are all newly equipped. The government subsidizes 800 yuan for living and renting, and it only costs less than 1,000 yuan a month, which is quite convenient for us young people."
Hu Xiaozhong, dean of Shiye Town Health Center in Dantu District, Zhenjiang City, said: "Actively promote the equalization of basic medical and health services throughout the island, improve the ability and optimize the process, and truly be a good health steward of the island residents."
Chen Jingfeng, the person in charge of Yancheng jianhu county Smart Pension Service Center, said: "Providing basic services such as meal assistance, bath assistance, leisure and entertainment, rehabilitation and physical therapy for the elderly in the jurisdiction, as well as home-based services, will make the elderly in the county have a better sense of happiness and gain."
Zhang Chunlong, director of the Institute of Social Policy of Jiangsu Academy of Social Sciences, said: "From the perspective of Jiangsu’s exploration and practice since the reform and opening up, we have always adhered to the people-centered reform, grasped the most direct and realistic interests of the people, and promoted reforms in key areas, constantly enhancing people’s sense of acquisition, happiness and security in the process of reform; At the same time, on the path of reform, Jiangsu pays attention to strengthening the party’s leadership and respecting the people’s initiative, forming a vivid situation in which the vitality of reform and innovation competes with generate and fully emerges in the whole society. "
(Jiangsu Radio and Television General Station Rong Media News Center reporter/Pu Mozhen Zhu Xiaoying Feng Yuan Chen Zhongyao john young Changzhou Taiyanchengtai Editor/Zhao Lijing)
(The copyright of this news belongs to Jiangsu Radio and Television General Station, please indicate the source.)